The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2024EIN 56-2066238

RB Terry Charitable Foundation Inc

A private foundation in High Point, NC. Its return for tax year 2024 lists 3 grants and $9 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $9,010,000

    Grants listed
    3
    Assets, end of year
    $202,473,941
  • Tax year 2023

    $9,010,000

    Grants listed
    3
    Assets, end of year
    $197,519,253
  • Tax year 2022

    $8,510,000

    Grants listed
    3
    Assets, end of year
    $188,417,977
  • Tax year 2021

    $10,020,000

    Grants listed
    4
    Assets, end of year
    $226,821,790
  • Tax year 2020

    $8,020,000

    Grants listed
    4
    Assets, end of year
    $207,020,386
  • Tax year 2019

    $8,030,000

    Grants listed
    4
    Assets, end of year
    $180,559,177
  • Tax year 2018

    $8,010,000

    Grants listed
    3
    Assets, end of year
    $163,080,210

Grants paid in 2024

3 grants, largest first

As listed on the return.

  1. NC Veterinary Medical FoundationRaleigh, NC

    Unrestricted support to promote educational activities in the field of veterinary medicine.

    $4,500,000
  2. Woodberry Forest SchoolWoodberry for, VA

    Unrestricted support to help further the mission of the boy's school.

    $4,500,000
  3. SPCA of the TriadGreensboro, NC

    Unrestricted support to help rescue and rehabilitate abused, neglected and injured animals.

    $10,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $4,500,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina2 grants $4,510,000
  2. Virginia1 grant $4,500,000

Officers, directors and trustees

6 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Arch K Schoch IVPRESIDENT/DIRECTOR Hours 0.5Pay $40,000
  • Oscar FletcherVP/SECRETARY/DIRECTOR Hours 0.5Pay $40,000
  • Joe LipeCOMMITTEE MEMBER Hours 0.5Pay $2,000
  • Parker OvertonCOMMITTEE MEMBER Hours 0.5Pay $8,000
  • Sion A Boney IIIVP/DIRECTOR Hours 0.5Pay $40,000
  • Charles A AltTREASURER/DIRECTOR Hours 0.5Pay $40,000

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

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